News Release Content

ICI Applauds SEC’s Final Derivatives Rule Rule Provides Clarity on Use of Derivatives Washington, DC; October 28, 2020—Investment Company Institute (ICI) President and CEO Paul Schott Stevens issued the following statement after the Securities and Exchange Commission (SEC) adopted its...

The Governing Council of the Independent Directors Council (IDC) has elected Kathleen T. Barr as its chair. Barr, who has served as IDC vice chair for the past year, is an independent director of William Blair Funds and Professionally Managed Portfolios.

Washington, DC; October 27, 2020—The Investment Company Institute Education Foundation (ICIEF), through its partnership with the Toigo Foundation, has awarded grants to two fellows—William Bryant, a master of business administration (MBA) candidate in the New York University Stern...

Costs for European UCITS Continued Downward Trend Average ongoing charges for equity and fixed-income funds fell in 2019 London, 26 October 2020—New Investment Company Institute (ICI) research shows average ongoing charges for equity and fixed-income UCITS domiciled in the European...

ICI: ETFs Proved Resilient During Unprecedented COVID-19 Market Volatility New Paper Details How ETF Ecosystem Facilitated Smooth Functioning in Markets and Provided Critical Price Discovery Mechanism for Investors Washington, DC; October 22, 2020—Despite unprecedented market...

Eric J. Pan Named President and CEO of ICI Veteran Markets Regulator with Global Experience to Head Fund Association Washington, DC, October 20, 2020—The Board of Governors of the Investment Company Institute has unanimously elected Eric J. Pan as ICI’s next president and chief...

Financial markets’ significant volatility in March reflected a combination of unprecedented factors, including the COVID-19 pandemic, global economic shutdown, and sudden demands for liquidity, ICI says in the first research paper in Report of the COVID-19 Market Impact Working Group...

ICI Expands Commitment to Diversity and Inclusion with New Industry Survey, Pipeline Initiatives Institute Leadership Focused on Measuring and Fostering Greater Representation for Women and Minorities in Asset Management Washington, DC; October 8, 2020—The Investment Company Institute...

George C. W. Gatch Reelected ICI Chairman New Governors Elected to Board of Investment Company Institute Washington, DC; October 8, 2020—The Board of Governors of the Investment Company Institute (ICI) has elected ICI Chairman George C. W. Gatch, chief executive officer of J.P. Morgan...

The average 401(k) plan account balance of “consistent 401(k) participants”—those who remained active in the same 401(k) plans from year-end 2010 through year-end 2018—almost tripled in that period, according to new data published today by the Employee Benefit Research Institute (EBRI...